Fantom

BitMEX Prepares for Fantom (FTM) to Sonic (S) Token Migration
Fantom

BitMEX Prepares for Fantom (FTM) to Sonic (S) Token Migration

BitMEX announces support for Fantom (FTM) migration to Sonic (S) token, affecting withdrawals and contract listings. Users advised to act promptly.

Fantom (FTM) Andre Cronje Raises Alarm Over Ethena's USDe Stablecoin Risks
Fantom

Fantom (FTM) Andre Cronje Raises Alarm Over Ethena's USDe Stablecoin Risks

Fantom founder Andre Cronje voices apprehension about USDe stablecoin's sustainability, invoking fears of a Terra-like collapse.

Fantom (FTM) Foundation CEO Reveals Exciting Plans for Sonic's Launch and Future Development
Fantom

Fantom (FTM) Foundation CEO Reveals Exciting Plans for Sonic's Launch and Future Development

Michael Kong, CEO of Fantom Foundation, has unveiled the highly anticipated launch of Sonic, a groundbreaking blockchain technology that promises unparalleled scalability and security. With plans to create a shared sequencer for L1 and L2 chains and introduce simplified staking and liquid staking support, the Fantom team is poised to revolutionize the world of blockchain. Stay tuned for more exciting updates and partnerships in the coming weeks.

Fantom Foundation Lowers Staking Threshold to 50,000 FTM
Fantom

Fantom Foundation Lowers Staking Threshold to 50,000 FTM

Fantom Foundation has reduced its validator staking requirement from 500,000 FTM to 50,000 FTM, aiming to boost network security and accessibility, following a June 2023 governance vote.

Fantom Foundation Wallets Compromised in Suspected Chrome Exploit
Fantom

Fantom Foundation Wallets Compromised in Suspected Chrome Exploit

Fantom Foundation's wallets were reportedly compromised with a suspected Google Chrome zero-day exploit. While the breach resulted in a loss of $550K from the Foundation's funds, over 99% of their assets remain secure. The attacker demonstrated expertise in the DeFi ecosystem, with total gains estimated at $6.7 million.

Fantom Foundation Wallets
Fantom

Fantom Foundation Wallets

Fantom Foundation's wallets were reportedly compromised with a suspected Google Chrome zero-day exploit. While the breach resulted in a loss of $550K from the Foundation's funds, over 99% of their assets remain secure. The attacker demonstrated expertise in the DeFi ecosystem, with total gains estimated at $6.7 million.

Fantom Foundation Wallets Compromised in Suspected Chrome Exploit
Fantom

Fantom Foundation Wallets Compromised in Suspected Chrome Exploit

Fantom Foundation's wallets were reportedly compromised with a suspected Google Chrome zero-day exploit. While the breach resulted in a loss of $550K from the Foundation's funds, over 99% of their assets remain secure. The attacker demonstrated expertise in the DeFi ecosystem, with total gains estimated at $6.7 million.

Fantom's Evolution: From Technical Innovations to Ecosystem Expansion
Fantom

Fantom's Evolution: From Technical Innovations to Ecosystem Expansion

Fantom continues to innovate despite facing challenges in its DeFi ecosystem. With planned technical upgrades and a focus on growing its developer community, the network aims for a robust and diversified blockchain ecosystem.

Balancer's $2.1M Breach Impacts Pools Across Ethereum, Fantom, and Optimism
Fantom

Balancer's $2.1M Breach Impacts Pools Across Ethereum, Fantom, and Optimism

PeckShield Inc. has reported a $2.1 million loss on the Balancer platform, affecting multiple pools across Ethereum, Fantom Foundation, and Optimism Foundation. The loss, including Beethoven X, is believed to be miscalculated.

Messari: Fantom FTM Market Cap Declined 36% in Q2 2023
Fantom

Messari: Fantom FTM Market Cap Declined 36% in Q2 2023

According to a report released by Messari, Fantom faced a decline in daily active addresses by 18% QoQ, while new unique addresses grew by 146% QoQ, coinciding with increased activity on LayerZero and Galxe.

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